BPCL - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.3
| Stock Code | BPCL | Market Cap | 1,66,015 Cr. | Current Price | 382 ₹ | High / Low | 388 ₹ |
| Stock P/E | 6.75 | Book Value | 211 ₹ | Dividend Yield | 4.58 % | ROCE | 19.6 % |
| ROE | 18.7 % | Face Value | 10.0 ₹ | DMA 50 | 362 ₹ | DMA 200 | 340 ₹ |
| Chg in FII Hold | 1.93 % | Chg in DII Hold | -1.75 % | PAT Qtr | 7,545 Cr. | PAT Prev Qtr | 6,443 Cr. |
| RSI | 64.1 | MACD | 1.95 | Volume | 86,15,296 | Avg Vol 1Wk | 1,15,75,269 |
| Low price | 234 ₹ | High price | 388 ₹ | PEG Ratio | 0.51 | Debt to equity | 0.24 |
| 52w Index | 96.2 % | Qtr Profit Var | 62.3 % | EPS | 53.8 ₹ | Industry PE | 10.0 |
📊 Analysis: BPCL is trading at ₹382, close to its 52-week high of ₹388, reflecting strong bullish sentiment. The stock is above both its 50 DMA (₹362) and 200 DMA (₹340), confirming upward momentum. RSI at 64.1 shows strong momentum but nearing overbought territory. MACD at 1.95 remains positive, supporting continued strength. Current volume (86,15,296) is lower than the weekly average (1,15,75,269), but still healthy enough for intraday moves.
💡 Optimal Buy Price: ₹378–380 on dips intraday.
🎯 Profit-Taking Levels: ₹388–392 (near resistance zone).
🛡️ Stop-Loss: ₹372 (below short-term support).
⏱️ Exit Strategy if Already Holding: Consider booking profits near ₹388–392 if momentum slows. If price breaks below ₹378 with rising volume, exit intraday to protect gains.
✅ Positive
- Attractive P/E of 6.75 compared to industry average of 10.0, indicating undervaluation.
- Strong ROCE (19.6%) and ROE (18.7%) highlight efficient capital use.
- Dividend yield of 4.58% adds investor confidence.
- Quarterly profit growth (+62.3%) shows strong operational performance.
⚠️ Limitation
- Volume lower than weekly average, reducing intraday volatility.
- RSI near 65 indicates risk of overbought conditions and profit booking.
- Debt-to-equity ratio of 0.24 shows moderate leverage.
📉 Company Negative News
- DII holding decreased (−1.75%), showing reduced domestic institutional support.
📈 Company Positive News
- FII holding increased (+1.93%), reflecting strong foreign investor confidence.
- PAT improved from ₹6,443 Cr. to ₹7,545 Cr., showing robust earnings growth.
🏭 Industry
- Oil & Gas sector trades at Industry PE of 10.0, slightly higher than BPCL’s valuation, making BPCL attractive.
- Sector growth supported by rising energy demand and government reforms.
🔎 Conclusion
BPCL is a strong candidate for intraday trading today with bullish technicals, undervaluation, and strong earnings momentum. Traders can look for buy opportunities near ₹378–380 with profit targets around ₹388–392. Caution is advised as the stock is near its 52-week high, where profit booking may occur.